Highway Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Highway Holdings has a total shareholder equity of $7.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $14.4M and $6.6M respectively.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	n/a
Cash	US$6.19m
Equity	US$7.78m
Total liabilities	US$6.63m
Total assets	US$14.41m

Recent financial health updates

No updates

Recent updates

Estimating The Fair Value Of Highway Holdings Limited (NASDAQ:HIHO)

Jun 21

Investors Could Be Concerned With Highway Holdings' (NASDAQ:HIHO) Returns On Capital

Jan 07

Highway Holdings (NASDAQ:HIHO) Has Some Difficulty Using Its Capital Effectively

Apr 12

Estimating The Intrinsic Value Of Highway Holdings Limited (NASDAQ:HIHO)

Jan 15

Highway Holdings (NASDAQ:HIHO) May Have Issues Allocating Its Capital

Jun 25

Is Highway Holdings Limited's (NASDAQ:HIHO) 5.4% Dividend Worth Your Time?

Mar 28

Highway Holdings Limited (NASDAQ:HIHO) Pays A US$0.02 Dividend In Just Four Days

Feb 21

Does Highway Holdings' (NASDAQ:HIHO) Returns On Capital Reflect Well On The Business?

Feb 03

A Look At The Intrinsic Value Of Highway Holdings Limited (NASDAQ:HIHO)

Jan 08

Is Highway Holdings Limited (NASDAQ:HIHO) An Attractive Dividend Stock?

Dec 05

Financial Position Analysis

Short Term Liabilities: HIHO's short term assets ($11.7M) exceed its short term liabilities ($5.5M).

Long Term Liabilities: HIHO's short term assets ($11.7M) exceed its long term liabilities ($1.1M).

Debt to Equity History and Analysis

Debt Level: HIHO is debt free.

Reducing Debt: HIHO had no debt 5 years ago.

Debt Coverage: HIHO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HIHO has no debt, therefore coverage of interest payments is not a concern.

Highway Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Now 25% undervalued

Upcoming dividend of US$0.05 per share

Highway Holdings Limited Declares Cash Dividend, Payable on May 3, 2024

Now 21% undervalued

Third quarter 2024 earnings released: EPS: US$0.069 (vs US$0.013 in 3Q 2023)

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.05 per share at 15% yield

Second quarter 2024 earnings released: EPS: US$0.05 (vs US$0.097 in 2Q 2023)

Less than half of directors are independent

Highway Holdings Announces to Resume Full Production for Playmaji

Highway Holdings Limited, Annual General Meeting, Aug 25, 2023

New major risk - Dividend sustainability

Full year 2023 earnings released: US$0.072 loss per share (vs US$0.11 profit in FY 2022)

New minor risk - Share price stability

Now 26% undervalued

Estimating The Fair Value Of Highway Holdings Limited (NASDAQ:HIHO)

Investor sentiment improves as stock rises 18%

Upcoming dividend of US$0.10 per share at 12% yield

Highway Holdings Limited Declares Cash Dividend, Payable on July 12, 2023

Investor sentiment improves as stock rises 21%

Third quarter 2023 earnings released: EPS: US$0.013 (vs US$0.06 in 3Q 2022)

Now 21% undervalued

Investors Could Be Concerned With Highway Holdings' (NASDAQ:HIHO) Returns On Capital

Upcoming dividend of US$0.05 per share

Less than half of directors are independent

Highway Holdings Limited Declares Cash Dividend, Payable on January 5, 2023

Second quarter 2023 earnings released: EPS: US$0.097 (vs US$0.06 in 2Q 2022)

Highway Holdings GAAP EPS of $0.10, revenue of $3M

Upcoming dividend of US$0.15 per share

Less than half of directors are independent

Highway Holdings Limited Announces Director Resignations

Highway Holdings Limited Declares Cash Dividend, Payable on October 7, 2022

Now 23% undervalued

Returns At Highway Holdings (NASDAQ:HIHO) Appear To Be Weighed Down

Highway Holdings GAAP EPS of $0.09, revenue of $2.94M

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: US$0.11 (vs US$0.12 loss in FY 2021)

Highway Holdings Limited, Annual General Meeting, Aug 15, 2022

Highway Holdings GAAP EPS of -$0.09, revenue of $3M

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

Highway Holdings (NASDAQ:HIHO) Has Some Difficulty Using Its Capital Effectively

Upcoming dividend of US$0.05 per share

Highway Holdings Limited Declares Cash Dividend, Payable on April 8, 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Now 20% undervalued after recent price drop

Estimating The Intrinsic Value Of Highway Holdings Limited (NASDAQ:HIHO)

Second quarter 2022 earnings released: EPS US$0.06 (vs US$0.059 in 2Q 2021)

Upcoming dividend of US$0.06 per share

Full year 2021 earnings released: US$0.12 loss per share (vs US$0.17 profit in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Highway Holdings (NASDAQ:HIHO) May Have Issues Allocating Its Capital

Investor sentiment improved over the past week

Is Highway Holdings Limited's (NASDAQ:HIHO) 5.4% Dividend Worth Your Time?

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Highway Holdings Limited (NASDAQ:HIHO) Pays A US$0.02 Dividend In Just Four Days

New 90-day high: US$5.55

Third quarter 2021 earnings released: EPS US$0.021 (vs US$0.08 in 3Q 2020)

Investor sentiment deteriorated over the past week

Does Highway Holdings' (NASDAQ:HIHO) Returns On Capital Reflect Well On The Business?

New 90-day high: US$5.50

A Look At The Intrinsic Value Of Highway Holdings Limited (NASDAQ:HIHO)

Is Highway Holdings Limited (NASDAQ:HIHO) An Attractive Dividend Stock?

Upcoming Dividend of US$0.06 Per Share

Market pulls back on stock over the past week

New 90-day high: US$4.43

Market bids up stock over the past week

Highway Holdings Limited Announces Manufacturing Order for Video Gaming Consoles

New 90-day high - US$3.60

Financial Position Analysis

Debt to Equity History and Analysis